Two-Wheeler Sales 2026 (Year to Date): 1,67,72,393 Units, Up 22.0% YoY
Every two-wheeler registered in India over CY 2026 so far — January 2026 to September 2026. The calendar year, January to December. Month-by-month volumes, the manufacturer leaderboard, how the segment moved against the rest of the market, and the same window in every earlier year on record.
Live. CY 2026 is still in progress — this page updates every day as new registrations are published.
Two-Wheeler sales month by month, CY 2026
India's two-wheeler market registered 1,67,72,393 two-wheelers in CY 2026 so far. Volumes rose sharply 22.0% against the 1,37,43,057 logged over the same 9 months of CY 2025.
March was the strongest month of the period at 20,26,569 two-wheelers and August the quietest at 17,27,455, an average of 18,63,599 a month. Every one of those 9 months grew on the same month a year earlier.
CY 2026 still has 3 months to run. Held at the pace of the 9 months already counted, it would finish near 2.24 Cr two-wheelers — a run rate rather than a forecast, and the festive quarter moves it more than anything else on this page.
Two-wheelers accounted for 70.6% of everything registered in India over the period, up from 70.4% in CY 2025. The whole market ran to 2,37,71,564 vehicles over the same window, up 21.8% year on year.
Two-Wheeler registrations by month — CY 2026 vs CY 2025
Vahan retail registrations, each month set against the same month a year earlier. The lighter bar is October so far, not yet in the CY 2026 total.
Every completed month of CY 2026, with the matching month of CY 2025 beside it.
| Month | CY 2026 units | CY 2025 units | YoY | Share of period |
|---|---|---|---|---|
| January 2026 | 19,22,801 | 15,91,515 | +20.8% | 11.5% |
| February 2026 | 17,69,128 | 14,10,726 | +25.4% | 10.5% |
| March 2026 | 20,26,569 | 15,71,005 | +29.0% | 12.1% |
| April 2026 | 19,90,617 | 17,50,314 | +13.7% | 11.9% |
| May 2026 | 18,62,240 | 17,15,598 | +8.5% | 11.1% |
| June 2026 | 18,43,306 | 15,08,419 | +22.2% | 11.0% |
| July 2026 | 18,31,364 | 14,17,782 | +29.2% | 10.9% |
| August 2026 | 17,27,455 | 14,32,545 | +20.6% | 10.3% |
| September 2026 | 17,98,913 | 13,45,153 | +33.7% | 10.7% |
Each month links through to its own full report.
Which manufacturer sold the most, CY 2026
Hero MotoCorp led the period with 43,68,724 registrations, up 17.6% on CY 2025. Honda 2W (HMSI) follows on 42,38,775, 1,29,949 behind — a gap of 1.03x.
The fastest riser in the top 15 was River Mobility, up 250.3% to 38,805, while Ola Electric was down 36.4% at 1,07,927.
Volumes here are registrations inside the segment only, counted with Vahan's own vehicle-class filter, so each is the manufacturer's two-wheeler volume over CY 2026. Companies that file electric models under a maker of their own appear as separate rows.
Top manufacturers by registrations — CY 2026
Registrations inside the segment (two-wheelers only).
Exact registrations over January 2026 to September 2026, with the change against CY 2025.
| # | Manufacturer | CY 2026 units | Share of two-wheelers | vs CY 2025 |
|---|---|---|---|---|
| 1 | Hero MotoCorp | 43,68,724 | 26.05% | +17.6% |
| 2 | Honda 2W (HMSI) | 42,38,775 | 25.27% | +24.4% |
| 3 | TVS Motor | 33,12,722 | 19.75% | +27.5% |
| 4 | Bajaj Auto | 17,27,591 | 10.30% | +14.9% |
| 5 | Suzuki 2W | 9,20,647 | 5.49% | +12.8% |
| 6 | Royal Enfield | 8,97,571 | 5.35% | +26.1% |
| 7 | Yamaha India | 5,86,917 | 3.50% | +24.6% |
| 8 | Ather Energy | 2,61,894 | 1.56% | +80.1% |
| 9 | Ola Electric | 1,07,927 | 0.64% | −36.4% |
| 10 | Greaves Electric | 71,892 | 0.43% | +83.3% |
| 11 | Classic Legends | 42,683 | 0.25% | +82.7% |
| 12 | River Mobility | 38,805 | 0.23% | +250.3% |
| 13 | BGauss | 35,170 | 0.21% | +112.0% |
| 14 | Piaggio | 30,539 | 0.18% | +26.1% |
| 15 | Simpleenergy | 11,826 | 0.07% | +187.5% |
Two-Wheeler sales against the rest of the market
Set against the rest of the market, two-wheelers outgrew the national picture over CY 2026: +22.0% against +21.8% for every vehicle registered in India.
The table covers every segment Vahan reports over the same 9-month window, so the comparison is like for like — the same months, the same source, on both sides.
Two-Wheeler share of the Indian market, month by month
Two-wheelers as a percentage of every vehicle registered that month.
Exact segment volumes over January 2026 to September 2026.
| Segment | CY 2026 units | Share | vs CY 2025 |
|---|---|---|---|
| Two-Wheelers | 1,67,72,393 | 70.56% | +22.0% |
| Cars & UVs | 36,37,059 | 15.30% | +23.1% |
| Three-Wheelers | 11,13,230 | 4.68% | +16.0% |
| Tractors | 8,41,423 | 3.54% | +21.5% |
| Goods Carriers | 8,01,363 | 3.37% | +24.8% |
| Taxis & Cabs | 3,36,006 | 1.41% | +28.3% |
| Other classes | 1,66,454 | 0.70% | −0.4% |
| Buses | 1,03,636 | 0.44% | +1.4% |
What two-wheelers run on
Vahan splits a segment by fuel only across a whole calendar year, so this table covers 2026 year to date rather than CY 2026 alone — it is exact for that window.
Petrol accounts for 90.5% of two-wheeler registrations over 2026 year to date, with battery-electric at 9.4%.
Two-Wheeler registrations by fuel — 2026 year to date
The 2026 year to date mix.
| Fuel | 2026 units | Share | vs full-year 2025 |
|---|---|---|---|
| Petrol | 1,60,27,047 | 90.50% | −2.91pp |
| Electric | 16,68,366 | 9.42% | +3.04pp |
| CNG / LPG | 13,760 | 0.08% | −0.13pp |
| Diesel | 6 | 0.00% | 0.00pp |
| Other | 5 | 0.00% | 0.00pp |
Two-Wheeler sales, year by year
Across the 2 completed windows in our Vahan record, two-wheeler registrations went from 1,96,48,497 in CY 2024 to 2,10,19,630 in CY 2025, up 7.0% over the stretch.
CY 2026 is still running — 9 of its 12 months are counted — so it is a part window and is never set against a full one. Its year-on-year figure compares only the months it actually holds.
Two-Wheeler registrations by calendar year
* window still in progress.
| Period | Months | Units | YoY |
|---|---|---|---|
| CY 2026 (to date) | 9 | 1,67,72,393 | +22.0% |
| CY 2025 | 12 | 2,10,19,630 | +7.0% |
| CY 2024 | 12 | 1,96,48,497 | +11.0% |
Each row compares only the months that window holds, so a part period is never set against a full one.
Where the demand was
State-level volumes for a single segment come from a calendar-year table, so the figures below cover 2026 year to date. Uttar Pradesh leads with 23,52,069 registrations, 13.3% of the segment.
| # | State | Units | Share |
|---|---|---|---|
| 1 | Uttar Pradesh | 23,52,069 | 13.3% |
| 2 | Maharashtra | 19,59,799 | 11.1% |
| 3 | Tamil Nadu | 16,69,934 | 9.4% |
| 4 | Karnataka | 12,38,370 | 7.0% |
| 5 | Gujarat | 12,06,725 | 6.8% |
| 6 | Madhya Pradesh | 9,56,749 | 5.4% |
| 7 | Bihar | 9,46,555 | 5.3% |
| 8 | Rajasthan | 8,96,869 | 5.1% |
| 9 | West Bengal | 8,68,188 | 4.9% |
| 10 | Andhra Pradesh | 6,54,327 | 3.7% |
| 11 | Odisha | 6,33,091 | 3.6% |
| 12 | Telangana | 6,05,308 | 3.4% |
Frequently asked questions
How many two-wheelers were sold in India in CY 2026?
What period does CY 2026 cover?
Which manufacturer sold the most two-wheelers in CY 2026?
Which was the strongest month for two-wheeler sales in CY 2026?
What share of the Indian market were two-wheelers in CY 2026?
What will full-year CY 2026 two-wheeler sales be?
Which calendar year had the highest two-wheeler sales?
Are these retail sales or factory dispatches?
Two-Wheeler sales, other periods
More from the reports desk
Source. Every figure is a vehicle registration, taken daily from the Ministry of Road Transport & Highways' Vahan 4 dashboard (vahan.parivahan.gov.in) — the same source FADA and the industry use for retail data. Registrations are not the wholesale dispatch numbers manufacturers announce each month. "EV" means battery electric (Vahan fuels PURE EV and ELECTRIC(BOV)); hybrids are counted separately. Information only, not investment advice.
Using these numbers? Cite "Flash Finance (Vahan data)" with a link to this page. This report's chart card is free to republish with the same credit.
